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20130104
20130112
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. there will likely be no large-scale initiative on tax reform, entitlement reform, energy policy, probably even immigration reform and this is the real worry. because beyond the self-inflicted crisis of the cliff and the forthcoming debt ceiling, the united states faces a much deeper challenge. for more than a decade now, for many decades by some measures, america's growth rates have slowed. recoveries have been jobless. and median wages have declined. some combination of the information revolution and globalization has placed tough pressures on high-wage countries like the united states. these new forces of technology and globalization are accelerating and without a strategy to revive growth, long-term growth, all our problems get worse, including and especially our debt. washington's focus so far has been on raising taxes and cutting spending. it should really be on reforming and investing in the american economy. historically when the american government or the world bank or the imf advised countries that got into trouble, they usually stress that achieving fiscal stability, austerity was on
Search Results 0 to 1 of about 2 (some duplicates have been removed)